3 ms·
If you rent your house instead of buying it, it only means that someone else is passing their money to their kids. I mean, ultimately, someone owns the house, e
by Viliam1234 6y ago
If you rent your house instead of buying it, it only means that someone else is passing their money to their kids. I mean, ultimately, someone owns the house, even if that person is not you, right?
An interesting solution is to decouple the price of the house from the price of the land it stands on, and then the government could rent the land and use that income instead of other taxes. Better description of this idea is here:
https://astralcodexten.substack.com/p/your-book-review-progress-and-poverty https://astralcodexten.substack.com/p/your-book-review-progr...